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RETAIL FOR LEASE 333 Holcomb Ave., Ste. 300 | Reno, Nevada 89502 | 775.850.3100 | DicksonCG.com Lic# S.29033 775.745.2060 CELL 775.850.3151 OFFICE [email protected] GARY TREMAINE AMANDA BRIERTON Lic# S.181292 775.386.8499 CELL 775.850.3115 OFFICE [email protected] SUITE D | 1,635± SF LEASE RATE | $1.60/SF LEASE TYPE | NNN 538 WEST PLUMB LN SUITE E RENO, NV 89509 ONE SPACE LEFT

FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

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Page 1: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

SCOTT SHANKS, SIOR775.850.3102 OFFICE775.846.1019 [email protected]

DOMINIC BRUNETTI, CCIM 775.850.3109 OFFICE775.240.1192 [email protected]

LINDY DELLER 775.850.3116 OFFICE775.378.8456 [email protected]

RETAILFOR LEASE

333 Holcomb Ave., Ste. 300 | Reno, Nevada 89502 | 775.850.3100 | DicksonCG.com

Lic# S.29033775.745.2060 CELL775.850.3151 OFFICE [email protected]

GARY TREMAINE

AMANDA BRIERTONLic# S.181292775.386.8499 CELL775.850.3115 OFFICE [email protected]

SUITE D | 1,635± SF

LEASE RATE | $1.60/SF

LEASE TYPE | NNN

538 WEST PLUMB LNSUITE ERENO, NV 89509

ONE SPACE LEFT

Page 2: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

538 WEST PLUMB LN

W PLUMB LN

N

PROPERTY HIGHLIGHTS● Suite E, 1,635± SF, prior Gym/Personal Trainer● Open layout with 2 restrooms and 3 storage rooms in the

back of the suite.● Located directly next to The Lark, within the Plumgate

Shopping Center● Appealing suburb of the Old Southwest Area● Ingress and Egress from South Arlington Avenue and West

Plumb Lane.

1 Mile 3 Miles 5 Miles

Population 18,738 117,648 224,132

Pop. Growth Projection 2024 19,942 123,129 235,404

Households 8,910 50,612 92,011

Average Household Income $76,863 $72,879 $71,881

Primary Traffic Counts (24 hrs.) West Plumb Ln - 18,000

Walk Score - 82VERY WALKABLE

PROPERTY SITE

Page 3: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

538 WEST PLUMB LN

N

PLUMGATE SHOPPING CENTER TENANTS

DOWNTOWN

W PLUMB LN

S. A

RLINGTO

N AVE

PROPERTY SITE

LANDER ST

○ Core 4 Personal Training○ Wink Lash Studio○ Way to Go○ Arlington Eye Center○ The Lark○ New restaurant joining the

center, The Kitchen Table

○ Starbucks○ Bobby Pages Dry Cleaners○ Butcher Boy Meat Market○ Napa Sonoma○ UPS Store○ Allstate○ Swoon, a Bridal Saloon

Page 4: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

WHY RENO?

#25"25 of America’s best towns ever" According to Outside Magazine, a popular publication focused on the outdoors, January 2020

“Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019”According to Forbes Lists, October 2019

#2 & #11

“Reno the #2 market for companies relocating from California after Austin, Texas.” According to Bureau of Labor Statistics, January 2019

#2

“Nevada tops nation for inbound movers”According to Reno Gazzette Journal, January 2019#1

Reno moved up 26 spots to #11 on the Milken Institute’s annual list of “best- performing cities. According to Venture Beat, January 2019

#11

“Nevada ranked #3 for year-over-year personal income growth in the U.S.”According to CarsonNow.org, January 2019

#3

#2Among the top 100 metros in the nation for families looking to buy a house, according to financial technology firm SmartAsset, August 2019

Nevada remained in the top 15 for the last six years, This year, it skyrocketed to #4. According to Fox Business, December 2019

#4

#33Reno, NV ranked #33 on its 2018 Best Places to Live in the United States. According to U.S. News & World Report

Page 5: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

DEAL ROADMAP

Greater Reno-Sparks-Tahoe is the place companies come to increase the bottom line and to grow. Whether to take advantage of a business friendly environment, get closer to customers through strategic location or to enjoy the quality of life, companies like Tesla, Switch, Intuit, Microsoft, Apple, Amazon.com and Urban Outfitters call Northern Nevada home to some of their most critical business functions.

Reno is nestled in the hub of the western region, with a market area of 11 states and 53 million people. The Reno/Tahoe area is a transportation hub serviced by two major highways, I-80 and US 395, railroads, trucking and airline carriers that make it possible to ship from Reno to 80% of the 11 western states on a next-day basis.

FINANCIAL ADVANTAGEFrom exemptions to abatements, to deferrals, to the complete absence of taxes, simply operating your business in Greater Reno-Tahoe adds to your bottom line. Nevada was ranked #5 Most Business-Friendly Tax Climate by the Tax Foundation for 2017.

BUSINESS ADVANTAGEGreater Reno-Sparks-Tahoe is the perfect package. A business friendly and tax friendly environment, unmatched quality of life, and a logistics hub make this a great location for many businesses.

LIVE & PLAYThe Northern Nevada area isn't just a great place to do business, but it's also a great place for individuals and families to live and play. For those outdoor enthusiasts, Reno-Sparks is the gateway to Lake Tahoe and many other scenic attractions.

NORTHERN NEVADA OVERVIEW

Page 6: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

Business-Friendly● RANKED IN TOP 10 STATES FOR BEST BUSINESS

TAX CLIMATE.● RANKED IN TOP 10 STATES FOR BUSINESS

INCENTIVES.

$

Technology Infrastructure● MAJOR DATA CENTERS: SWITCH, APPLE, EBAY,

RACKSPACE.● RESEARCH COLLABORATION.● HOME TO MICROSOFT, INTUIT, SIERRA NEVADA CORP.● "SUPER-LOOP" FIBER NETWORK IN PROGRESS.

Real Estate, Land, Resources● AFFORDABLE LARGE-SCALE REAL ESTATE AND

WATER AVAILABLE.● LARGE INDUSTRIAL SPACE.● (TESLA GIGAFACTORY IN THE TAHOE RENO

INDUSTRIAL CENTER).

Transportation● LESS THAN 1-DAY TRUCK SERVICE TO > 60 M

CUSTOMERS, 8 STATES, 5 MAJOR PORTS.● 2-DAY TRUCK SERVICE TO 11 STATES.

Tax Advantages● NO CORPORATE TAX● NO PERSONAL INCOME TAX● NO INVENTORY TAX● NO FRANCHISE TAX● NO SPECIAL INTANGIBLE TAX

Tier 1 University● UNIVERSITY OF NEVADA RENO, MORE THAN

20,000 STUDENTS● R1 - UNIVERSITY FOR RESEARCH BY CARNEGIE

CLASSIFICATIONS

Workforce Development● MEETING THE CHANGING NEEDS OF INDUSTRY

THROUGH HIGHER EDUCATION, NEW COLLEGE TECHNICAL PROGRAMS, INDUSTRY CERTIFICATIONS, STEAM PROGRAMS, AND ATTRACTING TALENT TO THE REGION.

Economic Development Authority of Western Nevada (EDAWN), www.edawn.org

THE NEW NEVADAGrow Your Business Here..

Greater Reno-Sparks● 100 COMPANIES HAVE RELOCATED HERE IN 3 YEARS.● COST OF LIVING .9% LOWER THAN NATIONAL AVG.● RANKED IN TOP 100 PLACES TO LIVE.● RANKED IN 35 BEST CITIES FOR MILLENNIALS TO WORK.● AVERAGE COMMUTE 22 MIN.

Entrepreneurial Ecosystem● RANKED AS ONE OF THE 14 BEST STARTUP

CITIES IN AMERICA.● SUPPORT FOR ENTREPRENEURS FROM

EDUCATION, MENTORSHIP AND FUNDING.● HOME TO SWITCH, FILAMENT, FLIRTEY,

BOMBORA, IRIS AUTOMATION, CLICKBIO, MY-VR AND MANY MORE

Page 7: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

NORTHERN NEVADA MARKET OVERVIEW

Page 8: FOR LEASE€¦ · “Reno, Nevada #2 in job growth and #11 Best Places for business and careers in 2019” According to Forbes Lists, October 2019 #2 & #11 “Reno the #2 market for

ICONIC COMPANIES IN NORTHERN NEVADA

In June 2014, Tesla broke ground on its $5 billion, 10 million-square-foot Gigafactory, which is being built in phases. It manufactures lithium-ion batteries, as well as Model 3 battery packs and drive units. As of February 2017, the Tesla Gigafactory had almost 1,000 permanent employees. When completed in 2020, the Gigafactory will be the largest manufacturing facility in the world and is forecasted to employee more than 10,000 people, up from initial estimates of 6,500.

In November 2016, Switch opened the largest, most advanced data center campus in the world on 2,000 acres in the Tahoe Reno Industrial Center next to the Tesla Gigafactory. It is the first of eight planned data centers to be built at TRIC. The facility is powered 100-percent by renewable energy. Switch has connected Reno, Las Vegas, San Francisco, and Los Angeles via a SUPERLOOP which allows data to be transported between hubs in just milliseconds. eBay is an anchor tenant.

In April 2017 Google/Alphabet acquired 1,210 acres in The Tahoe Reno Industrial Center a few miles south from Tesla’s Gigafactory. The land will reportedly house a future data center and could also host a testing track for Waymo, the Alphabet-owned autonomous driving company. Nevada is pursuing legislation that would pave the way for driverless taxis.

Apple’s initial $100 million data center at the Reno Technology Park east of Sparks is fully utilized. In May 2017, Apple announced it would invest another $1 billion into the data campus. Part of the addition will include a $4 million, 27,000 square-foot warehouse for shipping and receiving to be built on a vacant lot in downtown Reno.

ICONIC COMPANIES IN RENO SPARKS

In June 2014, Tesla broke ground on its $5 billion, 10 million-square-foot Gigafactory, which is being built in phases. It manufactures lithium-ion batteries, as well as Model 3 battery packs and drive units. As of February 2017, the Tesla Gigafactory had almost 1,000 permanent employees. When completed in 2020, the Gigafactory will be the largest manufacturing facility in the world and is forecasted to employee more than 10,000 people, up from initial estimates of 6,500.

In November 2016, Switch opened the largest, most advanced data center campus in the world on 2,000 acres in the Tahoe Reno Industrial Center next to the Tesla Gigafactory. It is the first of eight planned data centers to be built at TRIC. The facility is powered 100-percent by renewable energy. Switch has connected Reno, Las Vegas, San Francisco, and Los Angeles via a SUPERLOOP which allows data to be transported between hubs in just milliseconds. eBay is an anchor tenant.

In April 2017 Google/Alphabet acquired 1,210 acres in The Tahoe Reno Industrial Center a few miles south from Tesla’s Gigafactory. The land will reportedly house a future data center and could also host a testing track for Waymo, the Alphabet-owned autonomous driving company. Nevada is pursuing legislation that would pave the way for driverless taxis.

Apple’s initial $100 million data center at the Reno Technology Park east of Sparks is fully utilized. In May 2017, Apple announced it would invest another $1 billion into the data campus. Part of the addition will include a $4 million, 27,000 square-foot warehouse for shipping and receiving to be built on a vacant lot in downtown Reno.